September 29
From University of Pennsylvania anthropology professor Janet Chrzan:
While trying to catch up on past issues of the Economist, I came across this unique reference to derivatives in last week’s mag. It seems that there is now a derivatives market for moon cakes during the Fall Festival.
Too bad that all those *other* nasty derivatives lacked something as solid as egg yolks and sugar as their asset base!
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1 comment:
O my goodness. A moon cake derivatives market! What a genius little tidbit. Thank you!
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